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Magiq Finance Guide – Read our In-Depth Magiq Finance Review

Magiq Finance Rating: 8.0 / 10

This page contains an independent review of Magiq Finance. It is intended for educational purposes only and you are advised to fully investigate Magiq Finance beyond the contents of this review to ensure it fits your needs before parting with any money.

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This Magiq Finance review has been updated for 2022 by industry experts with years of business experience across multiple industries and disciplines.

Please note that the content in this Magiq Finance review is provided on an as is basis and you should always check with the company to make sure you have the latest information.

Magiq Finance Ratings

Overall Rating
80%
Ease Of Setup Rating
50%
Ease Of Use Rating
30%
Customer Support Rating
40%

Magiq Finance Review for 2022 – Quick Overview

Magiq Finance Telephone Number: None
Magiq Finance Email Address:
Magiq Finance Address:
Year Founded: 1980
Magiq Finance Highlights: Fully web based, complete suite of financial and business management software.
Hedquarters: Napier, New Zealand 
Magiq Finance Revenue (USD Millions) Unknown
Languages Supported English
Magiq Finance LinkedIn: None
Magiq Finance Employee Count (On LinkedIn): None
Magiq Finance Top Features: Send custom invoices, Track income and expenses, Create and manage estimates,
Magiq Finance Twitter: None
Magiq Finance Twitter Followers: None

Magiq Finance Location

Magiq Finance Pricing & Costs

Plan Name Price Duration

Our entire Magiq Finance Review covers everything you will need to learn about using Magiq Finance. Fantastic accounting software can not only help your business to become more efficient and thrive but also give you a platform that can give you favourable profits. If you want to make profits, you must ensure you are using a good piece of accounting software.

There is no sure-fire method to ensure profits; therefore, you should carefully analyze your accounting software before you select it. It is a frequent misconception that all accounting software is the same, but that's not true. Wrong judgment, initially, can set your business in danger.

Magiq Finance is a piece of accounting software which has forged its way successfully. In this review of Magiq Finance, we've tried to collate a number of the vital facets. This review will help you to understand whether Magiq Finance is a fantastic fit for your company or not. We've tried to breakdown all the features and fees for your advantage.

How To Choose The Best Accounting Software For Your Business

When deciding whether Magiq Finance is the best accounting software for your business there are 5 things to consider and do to make the right choice:

  1. Work out what you need to achieve from using Magiq Finance
  2. Does Magiq Finance suit your needs as a full Accounting platform?
  3. Fully understand the Magiq Finance accounting platform and tools. Do the Magiq Finance tools and resources stack up against your business needs?
  4. Detail Out the budget available to implement a new Accounting solution and do the solutions from Magiq Finance offer the features you need within the budget.
  5. Register for a account with Magiq Finance. Ask for a callback and demo to completely check that the software is right for you.

What is Magiq Finance?

Magiq Finance is a professional suite of accounting software provided by Chamtech and is developed for small to enterprise sized organizations.

Chamtech was started in 1980 in Napier, New Zealand 

Fully web based, complete suite of financial and business management software.

Does Magiq Finance Offer A Free Trial?

Unfortunately Magiq Finance does not offer a free trial.

While creating this Magiq Finance review we found that it offers a lot of advanced accounting features with its paid plans. You can learn more about some of the Magiq Finance Accounting features further on in this Magiq Finance review.

Is Magiq Finance A Leading Accounting Solution For You?

Accounting suppliers vary from one man bands to giant companies; There's a whole lot out there. But, when it comes to choosing a good accounting solution, there are numerous considerations that you must consider. To be able to ensure that Magiq Finance is the best accounting solution to your company, take a look at our guide below.

Main Features Of Magiq Finance

Magiq Finance offers advanced accounting features like:

  • Send custom invoices
  • Track income and expenses
  • Create and manage estimates

Magiq Finance Review - General Ledger Features & Rating

General Ledger Features Rating
Journal Entries
88%
Tags / Dimensions
88%
Audit Trail
81%

Magiq Finance Review - Revenue Recognition Features & Rating

Revenue Recognition Features Rating
Revenue Types
88%
Revenue Allocation
80%
Reclassification
88%
Compliance
88%
Scheduling
88%

Magiq Finance Review - Accounts Receivable Features & Rating

Accounts Receivable Features Rating
Invoice Customization
88%
AR Automation
88%
Collections Automation
88%

Magiq Finance Review - Revenue Performance Features & Rating

Revenue Performance Features Rating
Customer Performance
88%
Contract Performance
88%
Revenue KPIs
88%
Pricing & Discounting
80%
Offering
88%

Magiq Finance Review - Accounts Payable Features & Rating

Accounts Payable Features Rating
AP Automation
88%
Payment Processing
88%
Purchase Orders
85%

Magiq Finance Review - Revenue Optimization Features & Rating

Revenue Optimization Features Rating
Forecasting
88%
Promotion Programs
88%
Pricing Optimization
88%
Re-evaluation
88%

Magiq Finance Review - Integration Features & Rating

Integration Features Rating
Data Import and Export Tools
88%
Integration APIs
85%
Breadth of Partner Applications
88%

Magiq Finance Review - Other Functionality Features & Rating

Other Functionality Features Rating
Inventory Tracking / Ordering
88%
Inventory Pricing and Costing
88%
Inventory Reporting
88%
Multi-Entity / Consolidation
80%
Recognition Rules
88%
Reconciliations
80%
Payroll
88%
Time and Expense
80%

Magiq Finance Review - Reporting & Analytics Features & Rating

Reporting & Analytics Features Rating
Financial Statements
88%
Custom Reporting
81%
Budgeting / Forecasting
88%
Dashboards
88%

Magiq Finance Review - Platform Features & Rating

Platform Features Rating
Customization
88%
Workflow Capability
88%
User, Role, and Access Management
88%
Internationalization
88%
Performance and Reliability
88%
Output Document Generation
88%

Magiq Finance Review - Budgeting & Forecasting Features & Rating

Budgeting & Forecasting Features Rating
Budgeting / Forecasting
88%

Alternatives To Magiq Finance

Looking for an alternative to Magiq Finance?

Many people want accounting software to help with business goals. What's challenging is finding out whether or not a piece of software you choose is right for your business. We have compiled a list of other accounting solutions that our reviewers voted best overall compared to Magiq Finance. Based on thousands of datapoints, you can see how Magiq Finance stacks up to the competition, and find the best fit for your business.

The Top Magiq Finance Alternatives Are Listed Below